Throughout Token2049 in Dubai, whether at the main venue or peripheral events, exchanges became the only main characters, especially those with a Chinese background.

There are 6 top sponsors for Token2049 in Dubai, 5 of which are Chinese exchanges. The other one is #DePIN, a short-term project, the last one to spend this much was io.net.

As the host, Binance made a huge investment in manpower and resources, with founder Zhao Changpeng (CZ), co-founder He Yi, and CEO Richard Teng taking turns to receive guests from the East and West, welcoming everyone.

What impressed me the most was the large screen at Dubai airport's immigration area, which alternately showed video ads welcoming everyone to register for Binance's #Clubhouse event (April 30th - May 1st), while the others were ads for top European luxury brands.

Binance's Clubhouse has been held for several years, and 2025 was the most vibrant, with a high proportion of Chinese participants. This time, the venue was next to the main venue, the Jumeirah Al Naseem hotel, where Zhao Changpeng (CZ) had a one-on-one conversation with the host. That day, He Yi took photos with most attendees and interacted with the Chinese-speaking community in the evening, discussing a lot.

On April 29th, #BNB Chain's Demo Day, Zhao Changpeng (CZ) showed up midway, instantly raising the event's heat. Security checks were temporarily interrupted for a long time, and attendees began to queue for entry. That day, Zhao Changpeng (CZ) took photos with attendees again after the Hong Kong Web3 Carnival.

The main venue featured Sun Yuchen, the leader of TRON and HTX.

The conversation with Eric Trump, Donald Trump's son, was relatively notable.

#OKX, #Bitget, #HTX, #KuCoin, #Gate, Lbank, #CoinW, #Bitmart, #Weex, Bitunix, Jucoin, #MGBX held various unique peripheral activities, but I didn’t see any public activities from Bybit. Previously focused on the Korean derivatives market, Tapbit has also begun to expand into the European and American markets.

In terms of business scale, from the perspective of financial investment, exchanges like #Jucoin, #Lbank, and #Bitunix should have made significant investments. Of course, I’ve heard that Jucoin made a lot of money this time.

In terms of public chains, the #Solana #Snapshot series activities at Token2049 Singapore were particularly notable, maintaining a high standard, but there weren't many standout highlights.

The Bitcoin $BTC related BTC Summit was overall quite good. The Ethereum $ETH related events had the lowest popularity, without exception. $SUI remains online, and its event format continues to be innovative, attracting some die-hard fans. Other public chains are basically lying flat.

Compared to offshore financial centers like Hong Kong and Singapore, the UAE's Dubai and Abu Dhabi are still the best places to connect the East and West, without exception.

Most of the activities were located around the Burj Khalifa (Dubai Tower) or Palm Island, which are quite far apart.

Although taking a taxi is expensive, the heat is the biggest issue, with temperatures hitting 40 degrees every day, which most people can't handle. Fortunately, most active hours are from 7 PM to 2 AM.

The mosque in Abu Dhabi is still a must-visit place, without exception.